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ORRSTOWN FINANCIAL SERVICES, INC. (PARENT COMPANY ONLY) CONDENSED FINANCIAL INFORMATION - Condensed Statements of Income (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income      
Other income $ 725 $ 427 $ 331
Expenses      
Interest on subordinated notes 2,009 2,006 1,987
Share-based compensation 1,949 2,092 1,586
Merger related expenses     8,000
Income tax benefit 8,014 6,048 2,710
Net income 32,881 26,463 16,924
Orrstown Financial Services, Inc.      
Income      
Dividends from bank subsidiary 16,000 14,000 2,000
Interest income from bank subsidiary 25 76 257
Other income 119 62 55
Total income 16,144 14,138 2,312
Expenses      
Interest on subordinated notes 2,009 2,006 1,987
Share-based compensation 433 463 236
Management fee to bank subsidiary 1,089 1,254 1,350
Merger related expenses 0 0 1,574
Other expenses 704 1,324 802
Total expenses 4,235 5,047 5,949
Income (loss) before income tax benefit and equity in undistributed income of subsidiaries 11,909 9,091 (3,637)
Income tax benefit (863) (1,022) (1,182)
Income (loss) before equity in undistributed income of subsidiaries 12,772 10,113 (2,455)
Equity in undistributed income of subsidiaries 20,109 16,350 19,379
Net income $ 32,881 $ 26,463 $ 16,924